Deal Summary

BellMark Partners, LLC advised Uckele Health & Nutrition Inc. (“Uckele” or the “Company”) on its divestiture of a leading portfolio of proprietary animal health brands to Covetrus (NASDAQ:CVET), a global animal health products and services company.

Business Description

Headquartered in Blissfield, Michigan, Uckele is a diversified third-party contract manufacturer of animal and human health products, providing expertise in formulation and product development with a reputation for quality and innovation. The Company also owns an expansive portfolio of its own brands, comprised of leading equine and canine products and supplements sold under the Uckele® Equine, Uckele® Canine, Zephyr’s Garden™, and ProFormula Labs™ names.

Transaction Description

BellMark Partners, LLC acted as the Company’s exclusive financial advisor in connection with the completion of this transaction. BellMark Partners, LLC was selected by the Company due to its animal and pet health industry experience and senior level attention to transaction execution.

About BellMark Partners, LLC

BellMark Partners, LLC is an independent investment bank that provides M&A advisory and investment banking services to middle market companies in the business & technology services, consumer, industrials and healthcare industries. We advise family, entrepreneur, and other privately-owned companies; private equity and family office-owned companies; and small to mid-cap public companies. Our services include mergers and acquisitions, capital raising and strategic advisory services. Our Managing Directors have collectively executed and closed more than 400 transactions during their professional careers, and previously worked as senior bankers for firms such KeyBanc Capital Markets, Inc., BankBoston Robertson Stephens, Fleet Securities, Inc. and Covington Associates LLC.